Sachar et al v. IBERIABANK Corporation et al

Filing 26

ORDER granting pltfs' motion for leave to file an amended complaint 19 20 ; pltfs are directed to file their amended complaint forthwith; deft's motion to stay proceedings 1 10 is granted; deft's 21 motion to extend time to respond to pltfs' class action complaint is denied; deft will be allowed 14 days following the filing of the amended complaint to respond; the stay will take effect thereafter. Signed by Judge Brian S. Miller on 4/28/11. (vjt)

UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF ARKANSAS
WESTERN DIVISION
DAVID J. SACHAR and
CHRISTINE M. SACHAR
v.

PLAINTIFFS
CASE NO. 4:11cv00266 BSM

IBERIABANK CORPORATION

DEFENDANT
ORDER

Defendant IberiaBank Corporation (“IberiaBank”) moves to stay proceedings [Doc.
Nos. 1, 10] and for an extension of time to respond to the complaint [Doc. No. 21]. Plaintiffs
David J. Sachar and Christine M. Sachar (“the Sachars”) move for leave to file an amended
complaint [Doc. Nos. 19, 20]. IberiaBank’s motion to stay is granted, and its motion for
extension of time to respond to the complaint is denied. The Sachars’s motion for leave to
file an amended complaint is granted.
The Sachars are directed to file the amended complaint forthwith. Under Federal Rule
of Civil Procedure 15(a)(3), IberiaBank will be allowed fourteen (14) days following the
filing of the amended complaint to respond. Although IberiaBank’s motion for extension of
time is denied, filing an answer to the original complaint at this point would be a waste of
resources. Therefore, no response is due to the original complaint. IberiaBank should be
aware, however, that an extension will not be granted for its response to the amended
complaint. The stay will take effect following the filing of IberiaBank’s response to the
amended complaint.
IT IS SO ORDERED this 28th day of April, 2011.

_________________________________
UNITED STATES DISTRICT JUDGE

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